RBL BANK#RBLBANK
RBLBANK is showing promising momentum,
forming a strong higher highs pattern!
It's looking like a solid buy setup.
Question for you: Will you consider
buying near *175, eyeing a potential target of *450+
RBLBANK trade ideas
Positional Paisa Double Trade RBL BANK
LTP 165
SL CLB 110
Add on Dips
Tgts 200-260-290-320-360-390
For more info - Plz visit my Profile
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Don't miss to Boost this idea
Rgds,
Naresh G
Sebi Reg. RA
RBL BANK -: 288 ₹ UPSIDE 48 %RBL BANK -: 288 ₹ TARGET
STOP LOSS -: 52 WEEK
UPSIDE MOVE 48 %
It may be noted that Centrum Broking has maintained a 'Buy' rating on RBL Bank with a target price of Rs 291, suggesting a potential upside of 65.81% from its current low
RBL BANK FOR 300% UPSIDEtechnically RBL bank is a buy call for upside seen more than 300% to it's lifetime high and is retraced even 45% from its 52 week high.
This Private bank major is below RSI and generating a buy signal on the charts.
Fundamentals are looking good for long term.
Note: Having a notable holding in the entity at various price levels.
The trend is positiveRBL Bank CMP 201.2
The complex correction in the counter has just delayed the bull run in this counter. In my view it is all set to move north.
Elliott- The rally from the lows has impulse waves which means the bull trend has started. In my view the complex correction is done .
Fib- the 190 is a confluence zone and hence a strong support.
RSI-+ve divergence on the weekly chart is confirming the reversal
Volume- thats accumulation.
Conclusion - its definitely an opportunity.
BUY RBL BANKSwing trade opportunity in RBL BANK as the stock retests support trendline.
T1-223
T2- 238
T3- 255
Gear for 300 points in RBLBNK: 2.3X possible from 212🚨#StockToWatch
📈Gear for 300 points in #RBLBNK: 2.3X possible🚀
🏷️CMP: 212
👌🏼Book Value: 245
🎯Target according to Pattern: 526
⏳Timeframe: 15 months
🔍Pattern: Inverse Head and Shoulder
💪🏻Strong Support at 206
RBLBANK // Levels // 4H"Welcome to SkyTradingZone "
Hello Everyone 👋
RBL Bank's support and resistance levels are crucial for investors and traders. Here are the key levels to watch:
- Support Levels:
- S3: 210.98
- S2: 212.25
- S1: 214.26
- Pivot: 215.53 ¹
- Resistance Levels:
- R1: 217.54
- R2: 218.81
- R3: 220.82 ¹
Additionally, the Relative Strength Index (RSI) is at 45.17, indicating a neutral trend ¹. The Stochastic RSI is at 0.64, suggesting an uptrend, while the Commodity Channel Index (CCI) is at -54.12, indicating a downtrend ¹.
It's essential to note that these levels are based on the price range of the previous trading day and may change as market conditions evolve. For the most up-to-date information, consider checking reputable financial sources like ET Money and T.
RBLBANK 12-09-2024Happy learning with trading. I just shared my view. If correct give me one like. If not correct me.
Points to Note:
1) from strong support trendline and support area.
2) decent banking stock to add in portfolio for long term.
Disclaimer:
I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
RBL BANK: READY TO FLYDespite good results, RBL Bank has not yet gained momentum. It is expected to start moving next week. Entry and exit points are indicated on the chart. Large trading volumes are anticipated for the coming week.
RBL bank simple price actionRBL bank Potential price action. It's about to reclaim the 50% fib soon. Unless any bad news come. There is clear rising pattern formation in daily weekly chart.
RBL bank analysisrbl bank is facing resistance at 278 and stock is banded above 238 level in last few days buying can be seen with a target of 278 as passed
Positional TradeRBL BANK CMP 230
Add on Dips
For 260-280-300-320 & maybe More
Plz dont forget to Boost this idea & follow me
For more info - Kindly visit my profile
Rgds,
Naresh G
Sebi Reg. RA
Worth Buying hereRBL Bank CMP 225
This stock has remained sideways for the past several months. I think the wait is finally over. This stock should now pick up very strongly from here.
Thinking of BUYING ?Monthly Time Frame
Since 12 Month trading in a range that is below Aug 2016 price. Watch for Monthly close above 20 Moving average Monthly.
Weekly
At Support- Made Bullish Candle in this week ie 19th Aug 24
Daily
Price- 20 Aug 24- Bullish Candle with High Volume- Signal Candlel- Buy above it with SL low of it.
Pattern - W in formation
Volume- Increasing since last 3 days
Momentum- RSI Bullish Diversion with Bullish range shift- ie RSI above 40
Volatility Diversion - One leg outside the BB, other inside
Entry at present levels is low risk with high rewards
Educational purpose
rbl bankrbl bank which is supposed to go up iwth the trend.
1. great investors
2. late to market trend but yes now growth as they are going in new.
3. charts dont support but results do
RBL Bat pattern B point breakout confirmed Price closed below the B point shows the clear bear trend continues up to D point. So price will fall in upcoming days and we can accumulate at D point. This is for educational purposes only.
RBL BuyExtreme Shark Pattern
Strongest
Reversal Expected - 192-194
SL - 188 DCB
Probable Target - 201.5,209,222
Look for reversal and price action in the range
Wedge pattern Breakout in RBL BANK (Monthly Chart) RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge.
Risky Traders Entry: Only above 176 (daily closing price)
Safe Traders Entry: above 180 (June month closing)
Stop Loss: 172.5 (daily closing basis)
Fundamentals:
Qtr Revenue grew 20% YoY and Qtr Net Profit grew 37% YoY.
declared Positive results for the last 7 consecutive quarters.
Highest ever revenue of Rs.3170 Cr and Highest ever profit of Rs.271 Cr.
Lowest NPA and Highest Credit to Deposit Ratio.
RBL Bank - Low Risk OpportunityCMP 235 on 28.07.24
The stock price has been traveling in a rising wedge pattern in the last months. This time, again at the lower levels of the wedge. A pink support line is to be noticed too. It has taken support on this line and bounced back 3-4 times. So it seems at multiple support this time.
In the last 2 sessions, the stock has shown some reversal signs with bigger volumes. MACD should also be considered.
If the pattern continues, we may see targets of 260/280/300 in the coming weeks.
Buy levels are between 235 and 225 in split quantity.
Please remember that if the price is sustained below the pink support line, it will bring weakness to the trade setup. One has to start thinking of an exit if trading below the pink line.
Always keep your risk management in your control. Plan some position sizing in these kinds of setups.
This illustration is only for learning and sharing purposes, not trading or investment advice in any form.
All the best.
